As the baby boomer generation reaches old age, David Panteleakos says we need to prepare for the 'geriatric tsunami'. Mr. Panteleakos is the administrator of Westview HealthCare Center in Dayville, Conn., one of the top-ranked nursing homes in the nation.
In an interview with the Norwich Bulletin, Mr. Panteleakos said the greatest challenge is to match people's expectations with what is affordable. Medicaid support for the nursing home industry has eroded over the years, and in Connecticut alone 23 homes have closed since 2001.
For the first time in history, the nation will have more old people and fewer children, and a smaller number of productive adults will be forced to support more old people and children.